Stocks Hit New Highs

Investors pushed U.S. stocks to new highs as investors piled into health-care stocks and Cyprus' government got an extra year's reprieve on its debts—though investors found plenty of reasons for caution on the horizon.

The Dow Jones Industrial Average advanced 89.16 points, or 0.61%, to 14662.01. The Standard & Poor's 500-stock index rose 8.08 points, or 0.52%, to 1570.25, while the Nasdaq Composite climbed 15.69 points, or 0.48%, to 3254.86.

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U.S. Stocks Reach New Heights

U.S. stock indexes climbed to record highs as investors piled into health-care stocks and Cyprus got an extra year's reprieve on its debts. Steven Russolillo reports.